Law /
Demand for business space in Wrocław seen increasing [10]
It's commercial real estate.
You never ever compare commercial, industrial and residential real estate.
oh for the love of pete.
if there is an increase in demand in office space- it means there will be an increase in jobs which also means that there is an increase in a need for products which require industrial space.
If there is an increase in jobs to fill the offices then there will be a need for residential space so the employees can live somewhere.
this is a basic description for something that is quite basic in the real estate industry, which is quite clear you know nothing about.
so yes we can always compare industrial, commercial and residential- because they are all connected.
as for Wroclaw- companies are looking to secondary cities to set up their businesses in Poland because Warsaw commercial real estate is much more expensive.
The employees are well trained and educated, Wraclaw is in reasonable distance to the rest of Europe, particularly Germany. And it makes sense to have a call centre in Europe because the time zone is the same as compared to the call centres in India.
For Example: Google, Nokia Siemens, Credit Suisse, and many others have all just taken space in Wroclaw.
However, I doubt that the residential prices will increase by much, the market is still saturated so buyers have more selection- they will probably level off for quite some time.